Customer Reviews:
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A guide to making money in today's real estate October 22, 2007 4 out of 6 found this review helpful
The old ways of investing in real estate are gone, and the times have been changing for the better, the author points out. She shows you all the methods to become financially secure, even if you are flat broke. Whether you are interested in rental properties, making huge profits in selling, or just holding onto a good investment, Alvis demonstrates how to step out of the box to propose creative deals when buying and selling real estate. Along with the traditional ways of financing, the book reveals how you can use your 401(k), options, the seller's money or second, assumable, overlapping and wraparound mortgages. You can even use someone else's money and credit, instead of drawing from your own bank account. Alvis, who has been a licensed real estate agent, explains how to diversify in real estate from handy-man specials to apartment buildings with long-term tenants, how to branch out using several banks and lenders, and how to find moneymaking foreclosures. The book holds your hand from the beginning to help you find the right real estate agent, financier and property on your way to becoming a successful property investor.
Advice for the next boom July 9, 2007 2 out of 3 found this review helpful
If you wish you had gotten into the real estate boom, "How to Creatively Finance Your Real Estate Investments and Build Your Personal Fortune" by Susan Smith Alvis will help you get ready for the next one. Alvis teaches you how to use professionals - real estate agents and bankers -- to find and finance investment properties. How to document the investment, handle volatile markets, approach potential investors, be a landlord and then sell for a profit. The book includes checklists and amortization charts.
Investment Information at your Fingertips June 14, 2007 2 out of 2 found this review helpful
How to Creatively Finance Your Real Estate Investments and Build Your Personal Fortune offers the reader the knowledge to build financial wealth. Even if you don't think you can ever become wealthy, Susan Smith Alvis shows you the steps to acquiring wealth by using the real estate market. She is thorough in covering the pros and cons of a variety of options for investments. Even with relatively little risk and cash at hand, you can become a real estate owner and investor. This book provides practical knowledge on how to use creative financing, options, buying and selling, closing costs and a host of other topics to obtain a profit. Even if you know little about the housing market, this book will teach you how to get people such as agents and investors in your corner. The scenarios throughout the book make it easier to visualize a real-life application of the suggestions and show how it really is possible to put theory into practice. Overall, if you are looking to increase your wealth by playing smart in the real estate game, then this book is for you. You can be on your way to realizing your dreams with just a small investment- a book.
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